Business for Sale

The Lido Motel in Radium BC

usiness
4876 McKay Street Radium Hot Springs Kootenay East Kootenay
$769,000.00
 

The LIDO MOTEL is located in Radium Hot Springs in the heart of BC’s beautiful Columbia Valley! This 10 unit motel includes an office and separate 808 sq.ft owner’s suite with 3 bedrooms and 3 bathrooms. As an added bonus the suite in the walk out basement could be rented out separately. The grounds are attractively landscaped with a small owners garden & large green space currently set up with mini-golf, bbq’s and picnic tables. The property has gone through many new renovations and upgrades! All 5 buildings have had new roofs installed within the past 6 years and has had upgraded hot water tanks. Brand new carpet has been installed in every rental unit, and all bathrooms have been completely renovated. Every suite has new mattresses, bedding, & flat screen T.V.’s. In 2016, a 5kW photovoltaic (solar panel) system (installed in 2016) and in 2017 a brand new HE Mitsubishi Heat Pump & AC unit were installed in the main residence. Buildings are all located around a central paved area with ample parking. Due to the current owners care and attention, the Lido Motel enjoys a great reputation. Check out the numerous positive reviews available online. The business can be efficiently operated by just two people, making it the perfect opportunity for a couple who want to operate a motel without the headache of additional staff. If you’re looking for a viable business opportunity, offering the very best of the Rocky Mountain lifestyle, this is worth a closer look.



 
 
 
 
Business for Sale Listing Powered by
 
 

By viewing the business opportunities on the Trade and Invest British Columbia website, you are agreeing to be bound by the Warranty Disclaimer and Limitation of Liability terms found here: http://www2.gov.bc.ca/gov/content/home/disclaimer as well as the following terms and conditions:

Your Own Risk

The Government of British Columbia is not responsible for any of the content in any of the opportunities listed on this website. The Government of British Columbia has vetted the opportunities solely for its internal administrative purposes and has not vetted the appropriateness, viability, profitability or risk of any of the opportunities listed on this website. Thus, the Government of British Columbia does not endorse, recommend, advise on, promote or make any representations about the opportunities, including whether they may be viable or profitable. The Government of British Columbia is neither a principal nor an agent of any of the opportunities listed on this website or the entities offering the opportunities. The information in the database, including opportunities, is neither an offer to sell securities or a solicitation of an offer to buy securities.

If you decide to invest in any of the opportunities you do so entirely at your own risk. You are solely responsible for full compliance with all applicable laws and/or regulations under your respective jurisdiction and you should inform yourself and should take appropriate advice as to the possible legal and tax consequences which you may encounter should you invest in any of these opportunities.

These terms may be modified without notice. In the event that changes are made to these terms, the modified version will be reposted on this website. Continued use of the opportunities constitutes your acceptance of the modified terms.

 
 

Community Profile: Radium Hot Springs

Kootenay
East Kootenay

Golf. Ski. Hike. Watch wildlife. Participate in one of many events. Soak in the hot springs. Or just watch clouds roll across the high peaks and listen to the wind in the pines. Located in the Columbia Valley on a high ridge with its back to Kootenay National Park and long views toward the Purcell Mountains to the west, photo-friendly Radium Hot Springs is an outdoor recreation

Statistics
Total Population 776
Median Household Income $78,976 ($CDN)
Closest Commercial Airport Canadian Rockies International Airport (137km)
Closest Ocean Port Port Metro Vancouver (786km)
Closest Major Centre Calgary (282km)
View Community Profile